Guizhou Tyre Company Launches Major Project in Morocco
In a significant boost to Morocco's industrial landscape, Guizhou Tyre Co. Ltd (GTC) has officially initiated construction on a state-of-the-art tire manufacturing plant in Tangier. This ambitious project, valued at $300 million, marks GTC's second production base outside of China and is poised to enhance both local and international automotive markets.
The groundbreaking ceremony was held on a Wednesday at the innovative Mohammed VI Tangier Tech City, a site that symbolizes Morocco's commitment to technological advancement and economic diversification. Dignitaries, including local authorities, business representatives, and international partners, attended the event to witness this crucial step toward enhancing Morocco's industrial capabilities.
The construction of the tire plant is anticipated to take approximately eight months, with an additional few months dedicated to the installation of advanced manufacturing equipment. Once fully operational, the facility is projected to yield an impressive annual output of six million passenger car tires, catering to both domestic and international demand. The first products are expected to roll off the production line in the fourth quarter of 2027, bringing new job opportunities and economic stimulation to the region.
This strategic investment aligns with Morocco's broader initiatives to position itself as a leading hub for automotive manufacturing in Africa, building on its already robust export-oriented automotive sector. The decision to establish this facility was officially approved by Guizhou Tyre in January 2026, reflecting the company's confidence in Morocco's growing market potential and its favorable business environment.
As reported by northafricapost.com.
